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Industry body launches campaign outlining 'distressing' housing situation

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Australian Broker | 30 Apr 2013, 06:00 AM Agree 0
An industry body says it's campaigning against the 'cold, hard facts' of Australia's housing environment
  • Jeff | 30 Apr 2013, 11:05 AM Agree 0
    Much comes back to NCCP; with so many people now not being able to get loans - eg age discrimination by banks, low docs slowly disappearing for self employed, etc etc., the the 34 month trend will stabilise at low levels and stay like that forever and a day - or until the drafters of NCCP realise they have pulled the housing industry down.
  • Jeff | 30 Apr 2013, 11:06 AM Agree 0
    Much comes back to NCCP; with so many people now not being able to get loans - eg age discrimination by banks, low docs slowly disappearing for self employed, etc etc., the the 34 month trend will stabilise at low levels and stay like that forever and a day - or until the drafters of NCCP realise they have pulled the housing industry down.
  • Greg of Perth | 30 Apr 2013, 11:18 AM Agree 0
    Huumm me thinks perhaps population growth may have something to do with it, or is that a simplification of what could be more complicated by debate?
  • Susan ingred | 30 Apr 2013, 07:03 PM Agree 0
    Anz increasing unpopularity with long term mortgage holders, double mortgages for single casual income earners,not very correct but the point score system Anz worked on to target how much equity the lender, home owner was worth in accordance with aggressive marketing of Anz products.
  • Brado | 01 May 2013, 10:20 AM Agree 0
    Maybe builders should stop making 150-250k net profit on each house they build, lowering the cost of said houses, allowing more people to buy them, which would increase the number built. HIA and its member builders are to blame here...
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